Home / Knowledge / News / Textiles / India – top market for textile machinery industry
India – top market for textile machinery industry
31
Jul '08
Recently, experts predicted that India is an extremely promising market for Chinese textile machinery enterprises.

Latest statistics show that the Chinese machinery industry has been successful in penetrating this potential market.

In the first five months of this year, among 144 export destinations, India has emerged as the top market.

Reportedly, 10 countries, namely, India, Vietnam, Hong Kong, Bengal, Japan, Indonesia, Pakistan, Germany, USA and Turkey, account for 70 percent of the total textile machinery exports of China.

During January-May 2008, import and export value of Chinese textile machinery industry stood at US $265 billion, up 4.67 percent than the same period of last year.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Apparel/Garments | On 26th May 2017

Benetton seeks approval for FDI in single-brand retail

Global fashion brand Benetton Group, has sought Indian government's...

Apparel/Garments | On 26th May 2017

Walmart to conduct GST workshops for SME suppliers

With the objective of supporting its small and medium-sized (SME)...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search